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DEX Protocol Sifchain Raises $3.5 Million Through SAFT Sale
Summary: Sifchain, an interoperable DEX protocol built on the Cosmos network, has completed a $3.5 million seed round of financing through the Simple Future Token Sale Agreement (SAFT). The financing is led by NGC Ventures with participation from companies such as Alameda Research, Mechanical Capital, and Bitscale. The "Omni-chain" model will become a competitive advantage of Sifchain. the ...
Sifchain, an interoperable DEX protocol built on the Cosmos network, has completed a $3.5 million seed round of financing through the Simple Future Token Sale Agreement (SAFT). The financing is led by NGC Ventures with participation from companies such as Alameda Research, Mechanical Capital, and Bitscale.
The "Omni-chain" model will become a competitive advantage of Sifchain. the model can make the protocol interoperate with other blockchains, including Ethereum and Bitcoin. The company is set to release its mainnet next month.
By Mary Liu
Tags: Alameda Research,Cosmos,DEX,Mechanical Capital,NGC Ventures,SAFT,Sifchain
Link: DEX Protocol Sifchain Raises $3.5 Million Through SAFT Sale [Copy]
